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Nov 9, 2013
11/13
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the best remedy is to grow the economy. that is why the president keeps talking about investing in our road infrastructure and investing in our capital infrastructure and passing immigration ra reform because ae create those jobs we'll get more people back in the work force. that is why these self inflicted wounds are sto so frustrating. >> wove nowe have not kept up wh inflation. we have a minimum wage that does not suggest we are one of the wealthiest countries in the world. business leaders and employers say if you mandate a higher minutminimum wage you will cruse ability to create new jobs. how do you square that circle? >> i have spoken to many business leaders that recognize that the increase in the minimum wage is not a morale imperative, it's an economic imperative. >> when you raise people's wages you put more money in their pocket. they spend more and buy more goods. businesses have to make and sell more goods and the economy grows. >> henry ford understood that in 1915 m1915 when he raised the ss of his employees
the best remedy is to grow the economy. that is why the president keeps talking about investing in our road infrastructure and investing in our capital infrastructure and passing immigration ra reform because ae create those jobs we'll get more people back in the work force. that is why these self inflicted wounds are sto so frustrating. >> wove nowe have not kept up wh inflation. we have a minimum wage that does not suggest we are one of the wealthiest countries in the world. business...
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Oct 7, 2013
10/13
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you would have the proof for global economy. >> . since 24 years ago, they tried to reduce barriers and promote along nations along the pacific ocean. china is the second largest economic in the pacific across the u.s. and the has more roles as leaders in the region it was unprecedent on monday and celebrated his birthday at the summit. despite all the words, the region is going through a difficult time. many are worried and have more careful measures is instead. >> the united states supreme court court kicked off today, this fall the justice will be tackling issues that are not as quite high profile as resent years. the case to experts including an impact, david joins us now for a closer look. >> it's not as high profile but these case can do have some reach and the supreme court is going to revisit on what a university can consider admissions to where protestors can stay outside at abortion khreupb eubabortions can contri. the court is being asked to reverse a limit that's been in place for a watergate scandal 40 years ago. the joh
you would have the proof for global economy. >> . since 24 years ago, they tried to reduce barriers and promote along nations along the pacific ocean. china is the second largest economic in the pacific across the u.s. and the has more roles as leaders in the region it was unprecedent on monday and celebrated his birthday at the summit. despite all the words, the region is going through a difficult time. many are worried and have more careful measures is instead. >> the united...
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Nov 9, 2013
11/13
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we call them champions of the economy. in one town residents are trying to buck the dollar by making their own money. the idea is gaining traction abroad. >> reporter: the burke shires in new england is a place where the offbeat is a way of life. home to a workshop that makes thousands of u.k.a laicallies a year and where the money of choice is not the dollar. >> phyllis has her people use burke shares. >> it's exciting. we develop a relationship >> reporter: launched in 2006, it is a currency for burke shire massachusetts. it was a way to strengthen the economy and expect small business from national chain sauce. when you have burke shares you may not go mcdonald's, but a locally owned restaurant. >> at 25 alice's job is to convince customers and stores to embrace burke shares. >> we have local heroes on the front and artwork on the back >> reporter: many are in circulation. five banks exchange them. >> a lot of people think this sounds crazy. >> i have to remember that sometimes. it's not like all businesses taking berk
we call them champions of the economy. in one town residents are trying to buck the dollar by making their own money. the idea is gaining traction abroad. >> reporter: the burke shires in new england is a place where the offbeat is a way of life. home to a workshop that makes thousands of u.k.a laicallies a year and where the money of choice is not the dollar. >> phyllis has her people use burke shares. >> it's exciting. we develop a relationship >> reporter: launched in...
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Oct 18, 2013
10/13
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fowsefocused on the win and the, the truth is the shutdown hurt both the nation's economy and the economy of ordinary americans. big picture now. the total loss to the economy $24 billion. standard & poor's another number for us, $4.8 billion is what's cost lost economic output. the loss the government produced, because of the shutdown, higher interest rates, which will add another $114 million to the federal debt. and then there is the cost to the personal economies of ordinary americans. shopkeepers, to people worried about the future, care for kids with no childcare and government workers, who don't get a paycheck from the government exactly. but who rely on the government. he works for a government institution, and he represents a big part of the american workforce left with a lot of debt about lawmakers on capitol hill. >>> if there's anything john anderson takes away from these last two weeks he says, it's this: you just can't trust those guys. >> i was just shaking my head. it's like it is demoralizing. it's like they don't see me. it's like they see through me. >> anderson's a coo
fowsefocused on the win and the, the truth is the shutdown hurt both the nation's economy and the economy of ordinary americans. big picture now. the total loss to the economy $24 billion. standard & poor's another number for us, $4.8 billion is what's cost lost economic output. the loss the government produced, because of the shutdown, higher interest rates, which will add another $114 million to the federal debt. and then there is the cost to the personal economies of ordinary americans....
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Oct 2, 2013
10/13
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it's costing the economy $380 million a day. president obama laid all the blame on house republicans when he spoke about the shutdown today. >> obama: they've shut down the government over an ideological crusade to deny affordable healthcare insurance to millions of americans. they demanded ransom just for doing their job. >> however, some of the most conservative house republicans seem to believe they will win on the merits. steve king told reporters the g.o.p. will win, and i quote, because we're right, simply because we're right. we can recover from a political squabble, but we can never recover from obamacare. is there a somewhere in the middle that they can meet? >> well, of course there is. you know, congress only has one role. that is to pass a budget. if they didn't pass a law during the entire year, no one would miss it. but they've got to pass a budget. this is money that already has been spent. they've aloe dated it on all of the priorities the house, the senate and everyone agreed on. now they just have to pay their
it's costing the economy $380 million a day. president obama laid all the blame on house republicans when he spoke about the shutdown today. >> obama: they've shut down the government over an ideological crusade to deny affordable healthcare insurance to millions of americans. they demanded ransom just for doing their job. >> however, some of the most conservative house republicans seem to believe they will win on the merits. steve king told reporters the g.o.p. will win, and i...
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Oct 24, 2013
10/13
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they're not so dependent on the auto industry anymore which is part of the reason the economy went down because they lost so many jobs. i have noticed a lot of changes. i noticed a hotel that had been renovated and turned into condos. some people estimate it will be another ten years before they're back on track but definitely getting back on the positive side. >> does seem like you have a very positive feel on that. lori jane gliha, on flint on the upswing. we hope to hear more on that. >>> coming up. expelled by the pope. one bishop, the bishop of bling, we'll talk about why he is paying the price for living in the lap of luxury. >> the most important money stories of the day might affect your savings, your job or your retirement. whether its bail-outs or bond rates this stuff get complicated. but don't worry. i'm here to take the fear out of finance. every night on my show i break down confusing financial speak and make it real. >> pope francis has taken a most unusual step and suspended a bishop in germany the so-called bishop of bling has been the center of a scandal about his lavi
they're not so dependent on the auto industry anymore which is part of the reason the economy went down because they lost so many jobs. i have noticed a lot of changes. i noticed a hotel that had been renovated and turned into condos. some people estimate it will be another ten years before they're back on track but definitely getting back on the positive side. >> does seem like you have a very positive feel on that. lori jane gliha, on flint on the upswing. we hope to hear more on that....
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Nov 9, 2013
11/13
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the economy -- imperative. henry ford knew that in 1914, he said they ought to be able to afford the cars that they're helping to make. >> john, this is an issue we will be looking into more closely next week. an average of $10.10 would take a big chunk out of this but some say too much is too much. >> twitter closed down more than 7%, closing the day at $41.60 a share. that is still 60% above the price for yesterday's ipo. >> not everybody is celebrating that ipo. as each new infusion of high tech money is coming into the state, older people have been forced out. >> new buildings shot up block after block, supply doing its best with the demand. but the situation has left san francisco's less advantaged behind. >> now it's about money and greed and with -- it's very competitive. the i.t. crowd, is a very competitive crowd. >> artist rene yunyez is being evicted. >> what we are seeing is a lot of gentrification in our neighborhood in different forms. one is, tenants are being bought out by their existing landlor
the economy -- imperative. henry ford knew that in 1914, he said they ought to be able to afford the cars that they're helping to make. >> john, this is an issue we will be looking into more closely next week. an average of $10.10 would take a big chunk out of this but some say too much is too much. >> twitter closed down more than 7%, closing the day at $41.60 a share. that is still 60% above the price for yesterday's ipo. >> not everybody is celebrating that ipo. as each new...
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Nov 29, 2013
11/13
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... the economy... the economy... iran... iran... healthcare... healthcare... ad guests on all sides of the ad guests on all sides of the debate. debate. >> this is a right we >> this is a right we should all have... should all have... >> it's just the way it is... >> it's just the way it is... >> there's something >> there's something seriously wrong... seriously wrong... >> there's been acrimony... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the and a host willing to ask the tough questions tough questions >> how do you explain it >> how do you explain it to yourself? to yourself? and you'll get... and you'll get... the inside story the inside story ray suarez hosts inside story ray suarez hosts inside story weekdays at 5 eastern weekdays at 5 eastern only on al jazeera america only on al jazeera america >> for the first time in years, >> for the first time in years, i have to talk a
... the economy... the economy... iran... iran... healthcare... healthcare... ad guests on all sides of the ad guests on all sides of the debate. debate. >> this is a right we >> this is a right we should all have... should all have... >> it's just the way it is... >> it's just the way it is... >> there's something >> there's something seriously wrong... seriously wrong... >> there's been acrimony... >> there's been acrimony... >> the...
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Oct 30, 2013
10/13
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this is a fake economy. if the fed is not in there with $85 million, and interest rates go up and people stop borrowing what will happen to the economy? the u.s. economy may be moving substantially more slowly on its own speed than it would be if the fed weren't involved. >> and more coming up at the top of the hour. >> reporter: we're going to talk about that, inflation, and that big business story of the day, facebook coming up with a profit. those stocks, the stock went way up-- >> ali. >> wait, wait, i was about to do a facebook story now. >> reporter: that's the set up for you. now you tell us all the other details. >> that's the set up. although they just killed it. >> reporter: oh, man, tony, i'm sorry, man. >> i'm leaving it to you. ali velshi at the top of the mountaihour, real money a.m. "r" michael eaves is here with sports. >> reporter: do you have $1,500? that's what you would need to get in. boston will be looking to claim their third world title in the last ten years. tonight is pitching match
this is a fake economy. if the fed is not in there with $85 million, and interest rates go up and people stop borrowing what will happen to the economy? the u.s. economy may be moving substantially more slowly on its own speed than it would be if the fed weren't involved. >> and more coming up at the top of the hour. >> reporter: we're going to talk about that, inflation, and that big business story of the day, facebook coming up with a profit. those stocks, the stock went way up--...
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Nov 20, 2013
11/13
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iran's economy is the 21stageest economy in the world by gdp or growth. of course it's dominated by gas and oil production but there are 40 industries listed on the tehran stock exchange. but the effect of the sanctions has been to seal iran off from the rest of the world. it cannot easily import or export materials for a long time. it was assumed that the materials that iran needs to keep going was coming illegally from china to the east. however, i think that either to have gone away because right now the trade at iran's ports have seized up. exchange rates have plummeted making iran's experts cheap, a d imports are the opposite of that. they cannot get ahold of foreign exchange. there is no silver or gold or precious metal trading going, and they can't get parts for think boeing fleet. ordinary iranians are finding that their lives are affected by these sanctions. there is plenty of gas for vehicles but think about that, getting spare parts for those vehicles that deliver the gas around the city in iran when they break down is difficult because they ca
iran's economy is the 21stageest economy in the world by gdp or growth. of course it's dominated by gas and oil production but there are 40 industries listed on the tehran stock exchange. but the effect of the sanctions has been to seal iran off from the rest of the world. it cannot easily import or export materials for a long time. it was assumed that the materials that iran needs to keep going was coming illegally from china to the east. however, i think that either to have gone away because...
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Oct 7, 2013
10/13
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. >> congress can do what is in the best interest of the economy and the american people, and that's move beyond this manufactured crisis and work together to focus on growth, jobs, and providing the vital services that americans all across the country depend on. >> the president's remarks come as the house got back to work this morning and the senate followed suit. these congressional leaders have a lot on their plates, but very little is being done about it. mike in his remarks today the president seemed to be pushing back against those who say he is not negotiating during the stalemate. >> well, you said the house and senate are going back to work this morning. i guess that depends on how you define getting back to work. it's clear that at least publicly these two sides have hardened their positions, there is not a much of a glimmer of hope that the shutdown will end any time soon, and many people expect it to bleed into the next big fight with more dire consequences, and that is the debt ceiling expiration on october 17th. the president went about a mile to southwest to fema head
. >> congress can do what is in the best interest of the economy and the american people, and that's move beyond this manufactured crisis and work together to focus on growth, jobs, and providing the vital services that americans all across the country depend on. >> the president's remarks come as the house got back to work this morning and the senate followed suit. these congressional leaders have a lot on their plates, but very little is being done about it. mike in his remarks...
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Oct 24, 2013
10/13
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pakistan clearly needs not just aid, but trade in its economic development if it's economy is going to recover, and if foreign investment is going to return. this show of respect may mean a new beginning for two countries with a complicated relationship. >> the foreign ambassador to the united states, and boston university. ambassador, welcome. >> let me ask you first, what arwhat dothe pakistanis expect t comes to drones >> massive economic assistance and open trade policy, and encouragement t to invest, but what's being ignored, as long as pakistan is perceived as a safe haven for terrorism, that's not going to happen. so there's a big gap. >> in your new book, magnificent delusions, you made controversial states, in which you said, "pakistan cannot become a regional leader in south asia while it supports terrorism" what do you mean by that >> pakistan became an american ally, joined during the cold war, and any of the communist military vettures, so pakistan wanted military assistance from the united states mainly to driven off india, but it's expectations from the united states wer
pakistan clearly needs not just aid, but trade in its economic development if it's economy is going to recover, and if foreign investment is going to return. this show of respect may mean a new beginning for two countries with a complicated relationship. >> the foreign ambassador to the united states, and boston university. ambassador, welcome. >> let me ask you first, what arwhat dothe pakistanis expect t comes to drones >> massive economic assistance and open trade policy,...
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Oct 30, 2013
10/13
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and good news, it's just that we're not seeing enough jobs being created still by the economy. >> what is it, the number of jobs? the actual numbers, the unemployment rate? what is the fed looking for and what would an good number. somewhere in the 6% range? >> unemployment numbers you would like in the low six percent range. you would like growth to be over 200,000 jobs a month. this month we created 150,000 jobs. if you see employment growth of 200-250-300,000 jobs a month, you see consumer sentiment come back, you'll see the feds start to talk about tapering in their notes. i think the market is predicting march 2014. >> i apologize. we're out of time. the president spoke for nearly an hour. >> he's the president. >> yes, appreciate your time. todd, appreciate it. when we come back game six of the world series we will have a live report. >> the president has got to get out of boston. there is a world series today. >> reporter: at least he acknowledged there is the baseball game. there ar16 of the 22 teams wento win the series including the last six. the last team to lose in that sce
and good news, it's just that we're not seeing enough jobs being created still by the economy. >> what is it, the number of jobs? the actual numbers, the unemployment rate? what is the fed looking for and what would an good number. somewhere in the 6% range? >> unemployment numbers you would like in the low six percent range. you would like growth to be over 200,000 jobs a month. this month we created 150,000 jobs. if you see employment growth of 200-250-300,000 jobs a month, you...
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Nov 4, 2013
11/13
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. >> romney went on to say the economy has stalled, and the u.s. has lost international credibility since president obama was re-elected. >>> the tea party movement has members of the g.o.p. now taking sides. we go to alabama where a special election shows the true republican divide. >> as the sun sets on the water that defines mobile, alabama, they get to work trying to win the soul of the republican party. >> i've been a fan of dee young's for a long, long time. >> he calls himself a true believer, of the conservative faction, the tea party. >> a country that god can look down on and say i'm proud of this country, but right now i don't think he's doing that. i don't think he's proud of the way we have conducted business. >> reporter: he's campaigning outside of a debate for this man, candidate dean young, promising to change washington with confrontation. >> i can tell you right now that barack obama does not want me to go to washington because we don't have a lot in common. there won't be a lot of bipartisanship unless these guys come to our way
. >> romney went on to say the economy has stalled, and the u.s. has lost international credibility since president obama was re-elected. >>> the tea party movement has members of the g.o.p. now taking sides. we go to alabama where a special election shows the true republican divide. >> as the sun sets on the water that defines mobile, alabama, they get to work trying to win the soul of the republican party. >> i've been a fan of dee young's for a long, long time....
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Nov 19, 2013
11/13
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union, the african-american's yearning for freedom, but the southern's need to save their slave-based economy. >> it's not just about the black experience in the civil war, just the confederate, it's all interwoven together. >> the south still have their diehards who insist that ending slave ray was nory was not the e of the war. >> there is an imperial power that will go around the world a to enforce the bloody bayonet. >> seven generations after a war in richmond, virginia. >> which spoke with a history professor in austin. we asked him how this iconic speech came to be, and if there was any truth to the legend that president lincoln wrote it quickly on the ways to gettysburg. >> lincoln had been thinking about it for months when he knew he was going to be talking about the battle and the victory for the union side. he didn't dash this off on the spur of the moment. it does seem to be the case that the copy that he used to read the address and lincoln read the address, was written on the train going out, but that shouldn't give the impression that lincoln just dashed this off in a matter of
union, the african-american's yearning for freedom, but the southern's need to save their slave-based economy. >> it's not just about the black experience in the civil war, just the confederate, it's all interwoven together. >> the south still have their diehards who insist that ending slave ray was nory was not the e of the war. >> there is an imperial power that will go around the world a to enforce the bloody bayonet. >> seven generations after a war in richmond,...
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Sep 6, 2013
09/13
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and we are in the capitol and reports on the dispute that is hurting the economy. >> reporter: the royal palace is a reminder of cambodia's once majestic past when 3 million tourists would visit every year. now there is not a single one of them in sight and travel agents says he is worried. >> it is very hard for our economics and depend on others and foreigners and most depends on tourism. >> reporter: it's a $2.2 billion industry that is threatened by the current political tension and there is no new government in place for over a month since ballots were cast on july 28. prime minister is the longest serving leader in southeast asia and in power for over 28 years and the government is accused of corruption and widespread human rights violations. an earlier official result suggests he is likely to stay in power. opposition leaders rejected a tally. his party is demanding an independent probe saying the elections were tarnished by massive vote rigging and since the election there have been several protests which are making many here nervous because of cambodia's long history of politica
and we are in the capitol and reports on the dispute that is hurting the economy. >> reporter: the royal palace is a reminder of cambodia's once majestic past when 3 million tourists would visit every year. now there is not a single one of them in sight and travel agents says he is worried. >> it is very hard for our economics and depend on others and foreigners and most depends on tourism. >> reporter: it's a $2.2 billion industry that is threatened by the current political...
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Sep 28, 2013
09/13
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ALJAZAM
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the development is worth $60 million to the local economy, creating 200 jobs and will sell local produce to help the farming community. thousands signed a petition against it. >> discussions held on greenfield sites and the need to look after small dairy farmers, the need to plant areas of wild flower meadow - he did it around high grove, his home in gloster shire, and you can't blame him for doing so. we'd like to see the same here. >> much of cornwall has been the property of the duke since the 14th century. the current duke has turned it into a massive business. he owns thousands of properties, coastlines, rivers and beaches. he and the queen will share the profit of gold discovered in the former tin mine. all of these play into the parliamentary inquiry conducted into prince charles power and influence and there are local and national ramifications. prince charles's empire may be worth over a billion. but cornwell is the poorest county and the prince doesn't pay capital gains tax or corporation tax on profits because it is deemed to be a private enterprise. the future king has a view
the development is worth $60 million to the local economy, creating 200 jobs and will sell local produce to help the farming community. thousands signed a petition against it. >> discussions held on greenfield sites and the need to look after small dairy farmers, the need to plant areas of wild flower meadow - he did it around high grove, his home in gloster shire, and you can't blame him for doing so. we'd like to see the same here. >> much of cornwall has been the property of the...
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Oct 8, 2013
10/13
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economy. not just the united states and japan, the europeans as well. they had a listen to the germans, have a more unified position on iran, meaning more sanctions. the reason we have a new president in iran that wants to engage diplomatically is because the international community has tripled the iranian economy. that means the u.s. doesn't need to threaten bombing iran. it only needs to continue to lead this coalition and that's been effective. >> should we see, i guess mixed signals coming out of iran for more critical reasons than actual reasons, who should we listen to? >> they have been much closer in terms of the outcomes they'd like to see. i'm not so interested in rhetoric on israel, the same way not interested much in netanyahu's rhetoric on iran. i'm more interested in what these countries do. obama has been clear there's no trust, they want verification. the u.s. has largely failed in syria. the united states has so far succeeded in iran in really slowly and incrementally putting
economy. not just the united states and japan, the europeans as well. they had a listen to the germans, have a more unified position on iran, meaning more sanctions. the reason we have a new president in iran that wants to engage diplomatically is because the international community has tripled the iranian economy. that means the u.s. doesn't need to threaten bombing iran. it only needs to continue to lead this coalition and that's been effective. >> should we see, i guess mixed signals...
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Oct 24, 2013
10/13
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needs not just aid, but trade and help with development - especially with the energy sector if its economy is going to recover and foreign investment is going to return. this meeting, a show of respect may mark a new beginning for two countries with a complicated relationship - sometimes allies, occasionally angry, but both know they need each other. >> 30 years ago two trucks loaded with explosives rammed into american and french military bases in beirut lebanon. 240 american soldiers were killed in a massive explosion. it was the deadliest attack by militants against servicemen since world war ii. it was blamed on hezbollah. marines marked the ceremony at camp lejeune near jacksonville in north carolina. the president called the bombing a despicable act of terrorism. >> immigration to europe is on the agenda yes when the european union ministers meet in brussels. hundreds seeking asylum died in the past few weeks trying to reach europe. simon mcgregor woods spent time with the coastguard in lampedusa. >> this man has 75 men and seven vessels under his command. two rescue boats are on per
needs not just aid, but trade and help with development - especially with the energy sector if its economy is going to recover and foreign investment is going to return. this meeting, a show of respect may mark a new beginning for two countries with a complicated relationship - sometimes allies, occasionally angry, but both know they need each other. >> 30 years ago two trucks loaded with explosives rammed into american and french military bases in beirut lebanon. 240 american soldiers...
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Nov 9, 2013
11/13
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it's call champon of the economy -- champion's of the economy. we visit a town making its own money. >> the berkshares in new demrnd is where the offbeat is a way of life. home to a workshop that makes thousance the ukuleles each year. the money of choice it the berkshares instead of greenbacks. >> i bring you berkshares, it's exciting. we start to develop a relationship. berkshares is a local currency for the boston region the massachusetts. its device was a way to strengthen the comm. >> when you have burke shares, you may not go to mcdonald's. >> at 25 alice's job is to convince customers. >> we have local heroes on the front, artwork on the back. 140,000 bills have been released. >> a lot of this sounds crazy. >> it's not all hippy dip iing businesses. they are excavators, dentists and lawyers. >> there's a discount built into the exchange rate. $20 gets you 20 berkshares and an extra dollar. it's a 5% discount, but it can hurt businesses once they convert back to dollars. >> i can't may the electricity money or vendors with berkshares. the r
it's call champon of the economy -- champion's of the economy. we visit a town making its own money. >> the berkshares in new demrnd is where the offbeat is a way of life. home to a workshop that makes thousance the ukuleles each year. the money of choice it the berkshares instead of greenbacks. >> i bring you berkshares, it's exciting. we start to develop a relationship. berkshares is a local currency for the boston region the massachusetts. its device was a way to strengthen the...
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Oct 31, 2013
10/13
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the fed's decision shows the economy still needs support. the dow and s&p fell. the dow now stands at 15,600. the s&p is down a half% at about 1760. overseas, traders still trying to make sense out of it all, trying to figure out what the fed's decision means for them. european stocks are mostly lower right now and in asia, tocks are slumping, the nikkei down 1%, hong kong and shanghai in the red. if the fed indicating the economy is not showing improvement, one analyst says wall street could see a big time price drop. >> exuberance could take it higher, but the fact is the stock market is not being supported as a practical matter but fundamental matters, but by exuberance by investors. >> the dow and s and p are up about 20%. >> bank of america is trying to prepare investors for the worst. the bank is warning stockholders a u.s. attorney's office is encouraging the justice department to sue it for about bad mortgage investments. the company says new york's attorney general is suggests it's going to file suit against the evasive subsidiary merrill lynch. the bank
the fed's decision shows the economy still needs support. the dow and s&p fell. the dow now stands at 15,600. the s&p is down a half% at about 1760. overseas, traders still trying to make sense out of it all, trying to figure out what the fed's decision means for them. european stocks are mostly lower right now and in asia, tocks are slumping, the nikkei down 1%, hong kong and shanghai in the red. if the fed indicating the economy is not showing improvement, one analyst says wall street...
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Oct 29, 2013
10/13
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ALJAZAM
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the fed surprised almost everyone and kept pumping money into the economy, buying $85 billion a month in bonds. after the government shutdown and back-to-back economic data came out, most investors think the interest rates will be held down into next year. the fed will pour over three reports, the producer price index tells us about wholesale inflation. keeping inflation under control is one of the fed's key missions. we'll see how shoppers are feeling. retail sales numbers will tell us if people are out spending again. today, consumer confidence figures will let us know how secure shoppers feel. that makes these reports especially important, but one analyst says expectations are low. >> we know from census data that the average income of americans is roughly the same as it's been for the last couple of years, and incomes are in fact 8% below the levels of the last recession, so this is certainly a reason for consumers to be tight-fisted. >> futures are flat, traders waiting for those chick numbers and the fed's decision. stocks barely budged yesterday, investors appearing not wanting
the fed surprised almost everyone and kept pumping money into the economy, buying $85 billion a month in bonds. after the government shutdown and back-to-back economic data came out, most investors think the interest rates will be held down into next year. the fed will pour over three reports, the producer price index tells us about wholesale inflation. keeping inflation under control is one of the fed's key missions. we'll see how shoppers are feeling. retail sales numbers will tell us if...
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Nov 6, 2013
11/13
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just ahead, how a sluggish economy is teaching people to share so they can save cash. let's find out if you have rain heading your way. here's nicole mitchell. >> enjoy sunny skies while you ever them, because the front will drop the temperatures and bring rain. if you're getting the nice stuff, enjoy it. we have a system moving into the northwest. by tomorrow, for oregon and washington watch for the wind chances to pick up and rain chances to pick up, snow in the higher elevations. from the great lakes to texas, the core of the rain is around the great lakes. most of the snow on the backside has diminished, so not seeing as much snow, but definitely a soggy start. this will head eastward tomorrow, so prepare as you head out the door. >> a warning to men who use testosterone treatments. a study suggests it may increase the risk of heart attacks, strokes and death. the results raise concern about widely used gels, patches and injections. they are marketed to men suffering from low sex drive and fatigue. >> a new test could defect a dangerous complication for pregnant wo
just ahead, how a sluggish economy is teaching people to share so they can save cash. let's find out if you have rain heading your way. here's nicole mitchell. >> enjoy sunny skies while you ever them, because the front will drop the temperatures and bring rain. if you're getting the nice stuff, enjoy it. we have a system moving into the northwest. by tomorrow, for oregon and washington watch for the wind chances to pick up and rain chances to pick up, snow in the higher elevations. from...
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Nov 4, 2013
11/13
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we're going to find out if the overall economy is doing well with a report on domestic product that is coming out thursday. sluggish growth is predict at the latest quarter. friday, we'll get a look at the jobs situation when unemployment physician come out. we'll see if there was an increase in wages and salaries for american workers. all these numbers are important to the fed as it debates when it will pull back from its stimulus program. wall street has been enjoying the cheap money policy for years, pushing stocks to record highs. that's where we stand this morning. the dow at 16, 615, the nasdaq at 3922. heading into the all important holiday shopping season, retailers worry that it could be bleak, especially if the jobs picture does not improve. one analyst said that luxury goods should do well. >> if you look at the american consumer, you have 40% of the consumers responsible for 60% of the spending. anyone that has exposure to that luxury consumer, so luxury cars, like tesla, luxury clothes, you're not going to see a lot of upside at retailers, luxury names like tiffany should
we're going to find out if the overall economy is doing well with a report on domestic product that is coming out thursday. sluggish growth is predict at the latest quarter. friday, we'll get a look at the jobs situation when unemployment physician come out. we'll see if there was an increase in wages and salaries for american workers. all these numbers are important to the fed as it debates when it will pull back from its stimulus program. wall street has been enjoying the cheap money policy...
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Nov 5, 2013
11/13
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because of the faltering economy, it is now being called the greece of the caribbean. in the second part of our three part series, we show how the leaders there are hoping to avoid a debt crisis. >> the family have sold just about everything they own. his wife and two sons are about to set off on a well worn path taken by tens of thousands of puerto rices before them, moving to florida. >> there are better schools, a better education. right now, my sons don't have a teacher. their teachers are missing. they will have a better shot at education. crime here is sky high. am i going to raise two criminals? no, i don't think so. this is the time to leave. >> one looks at the neighborhood and you can begin to understand why people are leaving. businesses, houses and schools are boarded up, and unemployment at a two year high and there is talk of default. one of the only businesses still open on the main street is owned by mr. martinez, who is thinking of going back to the dominican republic. >> the people running the country have us bankrupt and it's going to stay that way.
because of the faltering economy, it is now being called the greece of the caribbean. in the second part of our three part series, we show how the leaders there are hoping to avoid a debt crisis. >> the family have sold just about everything they own. his wife and two sons are about to set off on a well worn path taken by tens of thousands of puerto rices before them, moving to florida. >> there are better schools, a better education. right now, my sons don't have a teacher. their...
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Dec 2, 2013
12/13
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ALJAZAM
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some economists estimate the distillery business has the poo 10 they will to boost the state economy by hundreds of millions of dollars. the city's financial issues didn't detour them. >> this might help diversify agriculture in michigan even further as we start to grow collectively. >> from our headquarters in new york, here are the headlines this hour. >> al jazeera america is the only news channel that brings you live news at the top of every hour. >> a deal in the senate may be at hand and just in the nick of time. >> thousands of new yorkers are marching in solidarity. >> we're following multiple developments on syria at this hour. >> every hour from reporters stationed around the world and across the country. >> only on al jazeera america. consider this: the news of the day plus so much more. >> we begin with the government shutdown. >> answers to the questions no one else will ask. >> it seems like they can't agree to anything in washington no matter what. >> antonio mora, award winning and hard hitting. >> we've heard you talk about the history of suicide in your family. >> t
some economists estimate the distillery business has the poo 10 they will to boost the state economy by hundreds of millions of dollars. the city's financial issues didn't detour them. >> this might help diversify agriculture in michigan even further as we start to grow collectively. >> from our headquarters in new york, here are the headlines this hour. >> al jazeera america is the only news channel that brings you live news at the top of every hour. >> a deal in the...
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Nov 28, 2013
11/13
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... the economy... the economy... iran... iran... healthcare... healthcare... ad guests on all sides of the ad guests on all sides of the debate. debate. >> this is a right we >> this is a right we should all have... should all have... >> it's just the way it is... >> it's just the way it is... >> there's something >> there's something seriously wrong... seriously wrong... >> there's been acrimony... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the and a host willing to ask the tough questions tough questions >> how do you explain it >> how do you explain it to yourself? to yourself? and you'll get... and you'll get... the inside story the inside story ray suarez hosts inside story ray suarez hosts inside story weekdays at 5 eastern weekdays at 5 eastern only on al jazeera america only on al jazeera america >> to work or not to work. that is the question, the great thanksgiving day deba
... the economy... the economy... iran... iran... healthcare... healthcare... ad guests on all sides of the ad guests on all sides of the debate. debate. >> this is a right we >> this is a right we should all have... should all have... >> it's just the way it is... >> it's just the way it is... >> there's something >> there's something seriously wrong... seriously wrong... >> there's been acrimony... >> there's been acrimony... >> the...
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Nov 23, 2013
11/13
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. >> in some ways you pointed out there are some people in the group of a weak economy. what effect might this have on the economy if we have a huge segment of the population. >> it's a good point. therein lies the issue where it can become a worst effect on things. the job market is weak. your credit rating gets weak. in order to get a job it's difficult. a lot of companies are checking credit ratings. they are seeing is this person fiscally responsible. be careful. with would say manage more of your expenses than revenues, the employment market for a lot of people is challenging. >> thank you so much. appreciate it. founder and management partner. >> it's been a year since plastic bags were banned in new delhi. when emphasise introduced activists and vinylly concess consumers welcomed the initiatives but it failed to make the cappal greener. >> this woman is happy. cleaning plastic bags for a conservation group a more appealing and safer than what she's used to. she is one of 70 workers who keep production lines that conserve india going. the fair trade fashion company
. >> in some ways you pointed out there are some people in the group of a weak economy. what effect might this have on the economy if we have a huge segment of the population. >> it's a good point. therein lies the issue where it can become a worst effect on things. the job market is weak. your credit rating gets weak. in order to get a job it's difficult. a lot of companies are checking credit ratings. they are seeing is this person fiscally responsible. be careful. with would say...
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Nov 22, 2013
11/13
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the country's economy expanded for 34 months straight, the longest peace time growth in history. and america's women were still expected to be at home. it would be three more years before the national organization for women was launched. remembering kennedy 50 years later, a detailed look back at the popular president's final day. >> i was a freshman law student at the university of texas in austin. i was having lunch with fellow freshman at a mexican restaurant, the waiter came and said something happened and the president is shot. we ran out and got in the car and listened to the radio and the rest is history and classes were discontinued for several days because nobody could concentrate. f [[voiceover]] no doubt about it, innovation chang nnovation chang ♪ welcome back to al jazeera america, just ahead while you might soon be able to reach out and touch someone from your seat on an airliner. but first let's look at who is expecting rain and snow across the nation and metrologist nicole mitchell. >> rain, snow, freezing precipitation and even thunderstorms out there so let's
the country's economy expanded for 34 months straight, the longest peace time growth in history. and america's women were still expected to be at home. it would be three more years before the national organization for women was launched. remembering kennedy 50 years later, a detailed look back at the popular president's final day. >> i was a freshman law student at the university of texas in austin. i was having lunch with fellow freshman at a mexican restaurant, the waiter came and said...
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Nov 20, 2013
11/13
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morgan chase for misconduct that contributed to the global financial crisis that brought our economy to its niece. >> the $13 billion deal with the justice democratic and states requires j.p. morgan to shell out $9 billion in penalties and compensation to settle civil charges that it and two banks it acquired during the financial crisis misled investors about the quality of mortgage investments that contributed to the housing crisis. $4 billion is ear marked for consumer relief, including measures to help struggling homeowners and combat blight in areas with high foreclosures. during a conference call, the bank's chief financial officer indicated the sting may not be as painful as the headline numbers suggest. >> it's our understanding that a $2 billion penalty will not be tax deductible, but the remaining $7 billion of compensation paid will be deductible for tax purposes. >> also part of the deal, j.p. morgan admitted it made serious misrepresentations to the public. the settlement does not absolve it or executives from criminal charges stemming from its mortgage practices. >> in a
morgan chase for misconduct that contributed to the global financial crisis that brought our economy to its niece. >> the $13 billion deal with the justice democratic and states requires j.p. morgan to shell out $9 billion in penalties and compensation to settle civil charges that it and two banks it acquired during the financial crisis misled investors about the quality of mortgage investments that contributed to the housing crisis. $4 billion is ear marked for consumer relief, including...
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Nov 19, 2013
11/13
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gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> a state of emergency in illinois, where tornadoes cut a path of destruction, but the loss of life may have been minimized thanks to early warnings about the impending storms. >> food and supplies are pouring into the philippines, but 12 days after the storms, some areas still haven't received help. >> a blast in beirut near the iranian embassy, two explosions leave nearly two dozen dead. >> the unique radio show that gives veterans a voice, a place where they can share service to their country. >> good morning, welcome to aljazeera ame
gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and...
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Dec 12, 2013
12/13
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BLOOMBERG
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economy by the global economy, it is expanding significantly. he brings some very, met three skills to janet yellen. -- he brings very complimentary skills to janet yellen. ivlin, i'm sure you knew him when you were at radcliffe years ago. >> no. >> he has tactical experience, doesn't he? >> yes. i actually got to note stanley fischer when he was at the imf and i was at the fed in the asian financial crisis and got to observe how skillfully he handled that. he is a very good person to work with. he is sensible and not dictatorial. i think he would be a big asset to janet. >> the fed has got some real important policy decisions coming up. he has, as i mentioned, questioned qe and forward guidance. how does he change what the fed does from here on out? >> the fed, you have to remember, sets monetary policy in a committee. there are very diverse views on , much more fomc diversity than i think you would find between janet yellen and stan fischer. they will talk about it a lot and work something out. but i would not expect great controversy between
economy by the global economy, it is expanding significantly. he brings some very, met three skills to janet yellen. -- he brings very complimentary skills to janet yellen. ivlin, i'm sure you knew him when you were at radcliffe years ago. >> no. >> he has tactical experience, doesn't he? >> yes. i actually got to note stanley fischer when he was at the imf and i was at the fed in the asian financial crisis and got to observe how skillfully he handled that. he is a very good...
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Apr 22, 2013
04/13
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i always want the economy to perform better. i want us to be able to measure a bigger economy around, of cou, have that translate into the major area that all of the funnel of economic measurements flow towards, in my opinion, and that is the creation of new jobs and, hence, the creation of new taxpayers, new revenue base. that's the way it's supposed to work. now, i'm also a big fan of new technology. if we can do things better, we should. now we are at a cross roads where i have to admit i have some misgivings but, hey, technology aside, we're improving. there's going to be some significant changes to the way we calculate gdp starting in july which means the number we get about three months from today when we get our first look at second quarter gdp may be significantly bigger. now, i'd like to quote, and it's on cnbc.com today as well as in the financial times, something that was written by robin harding quoting one of the gentleman who sat the bur oh of economic analysis, brent moulton. here is what he said. we are carrying
i always want the economy to perform better. i want us to be able to measure a bigger economy around, of cou, have that translate into the major area that all of the funnel of economic measurements flow towards, in my opinion, and that is the creation of new jobs and, hence, the creation of new taxpayers, new revenue base. that's the way it's supposed to work. now, i'm also a big fan of new technology. if we can do things better, we should. now we are at a cross roads where i have to admit i...
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Oct 13, 2013
10/13
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what impact is this having on the economy? >> it's hard to say. >> while you may be for or against the affordable care act. that has to do with other issues, depending on whether you think it's a good bill or not. i think almost no one believes this will be beneficial to the economy. >> the other big news of the week, last week president obama nominating janet yellen as the new chairman of the federal reserve, clearly his second choice after larry summers. you know her well. do you think she's a good choice? what kind of impact will this change have on the economy? janet was actually one of my teachers when i was a graduate student at harvard, very much loved by the students and a thoughtful person, a responsible person, obviously she is, she's someone who believes in fiscal stimulus, she will be probably more aggressive in that sense than we've seen in the past, probably a bit more regulation, too. think she's a stable person, stable thinker. if we ever have a crisis, she'll be someone who does a good job of getting us throug
what impact is this having on the economy? >> it's hard to say. >> while you may be for or against the affordable care act. that has to do with other issues, depending on whether you think it's a good bill or not. i think almost no one believes this will be beneficial to the economy. >> the other big news of the week, last week president obama nominating janet yellen as the new chairman of the federal reserve, clearly his second choice after larry summers. you know her well....
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Jan 15, 2013
01/13
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CNBC
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i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusett
i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being...
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May 6, 2013
05/13
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CNBC
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he's focused on everything but the economy. he's not done anything to stimulate the economy. i spent fin years in the military as an aircraft pilot an navy seal and more importantly in the private sector growing businesses to be skechl. i'd like to stand side-by-side on a debate. >> is he a tax payer? >> i think mr. marky would welcome any kind of tax, absolutely. >> let me ask you about immigration reform. we were talking about it earlier in the show. where will you come out with the marco rubio gang of eight? there is a few study out by the heritage foundation that's rather gloomy. the debate goes on. you, yourself, are a descendant of the imgrapts. >> i'm the oldest son of two columbian immigrants. i'm with marco rubio. the first thing you need to do is secure the border and set the milestones the group of eight have set out. i'm with them on the path to citizenship. in reality, if you don't do anything, you are creating amnesty. this is a pro jobs growth the gang of eight has out there. >> why is that pro job growth, in your view why, do you see immigration reform? why do
he's focused on everything but the economy. he's not done anything to stimulate the economy. i spent fin years in the military as an aircraft pilot an navy seal and more importantly in the private sector growing businesses to be skechl. i'd like to stand side-by-side on a debate. >> is he a tax payer? >> i think mr. marky would welcome any kind of tax, absolutely. >> let me ask you about immigration reform. we were talking about it earlier in the show. where will you come out...
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Nov 18, 2013
11/13
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CNBC
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i think the global economy is doing reasonably well. it will certainly not hurt if the decision is made by the third really bear fruit and they probably shall. so it's clearly a help but it's a bet that the entire global economy is going to do better. >> typically when the noose is at its worse is when you get into those things. team to be waking up to the resurgence in the steel names. >> they have been a long time coming. and if you take a look at the steel stocks, they have really just begun to move. the rest of them were multiples higher. 15, 10, 15 times higher. it's interesting to find people coming to their area for the first time in a while. i think they are just starting to move up and everybody has been talking about the 200 day moving average coming down through the 200. >> den nis, don't you think where melissa started off the conversation with the headlines out of china, don't you think that would have rallied coal and steel today? we didn't see that? >> steve, they have been rallying strongly for the past several weeks. i'
i think the global economy is doing reasonably well. it will certainly not hurt if the decision is made by the third really bear fruit and they probably shall. so it's clearly a help but it's a bet that the entire global economy is going to do better. >> typically when the noose is at its worse is when you get into those things. team to be waking up to the resurgence in the steel names. >> they have been a long time coming. and if you take a look at the steel stocks, they have...
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Apr 17, 2013
04/13
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his take on the state of the economy. it's a busy day. you have heard the news here. let's hope that the reports are true. it's something that all of america can get behind. we have seen the scares today. we have seen the bombing and terror in boston. is there an economic reaction to events such as this? >> there was after 911 when investors tried to discount the real possibility of a significant further attack. certainly this is startling to people on different levels. i think certainly it will calm nerves. the market went up a little bit and maybe it's because of that. the markets have to have some risk for this sort of risk. it's the world we live in. >> we have to leave it there. we do apologize. this is an extraordinary day. we want to go back to what we are saying. an arrest has been made. i do want to go straight back to you and tell us what more we are learning on this. >> mandy, we have just that. and again let me stress this has not been confirmed but the ap is reporting that there has been arrest. we do have a crew in federal court and we are monitoring tha
his take on the state of the economy. it's a busy day. you have heard the news here. let's hope that the reports are true. it's something that all of america can get behind. we have seen the scares today. we have seen the bombing and terror in boston. is there an economic reaction to events such as this? >> there was after 911 when investors tried to discount the real possibility of a significant further attack. certainly this is startling to people on different levels. i think certainly...
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Jan 10, 2013
01/13
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our economy is stabilizing. economies around the world are stabilizing so i think it's a good year. >> where are you seeing the conviction on the buy side? what sectors? >> i still think, you know, obviously financials in housing are basically intertwained, right, so as housing goes, financials go and vice verse arnts housing is obviously leading the financials higher. we haven't even begun to talk about asset management, and the ability to -- we saw legg mason on speculation that they may be taken private. >> they denied, that right? >> to night it. >> but bank of america has an an asset on their books called merrill lynch, right, so once people move money out of bonds, the trillions of dollars parked in cash and bonds back into equities, we haven't even begun to see any of that. obviously we're positive on asset managers as well as the buy side. in terms of housing, we -- we saw in the numbers today construction and jolts actually ramped up again. so we're seeing construction hiring and pickup sales going very
our economy is stabilizing. economies around the world are stabilizing so i think it's a good year. >> where are you seeing the conviction on the buy side? what sectors? >> i still think, you know, obviously financials in housing are basically intertwained, right, so as housing goes, financials go and vice verse arnts housing is obviously leading the financials higher. we haven't even begun to talk about asset management, and the ability to -- we saw legg mason on speculation that...
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Nov 16, 2013
11/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> welcome back to "the kudlow report". jonathan martin the alleged victim in the nfl's bullying scandal met with a league investigator for several hours today. it's the first time he's spoken since he walked away from the dolphins two weeks ago. his agent said martin couldn't take any more of the bullying and derogato
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses maestro of project management. baron of the build-out. you need a permit... to be this awesome. and...
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Jan 17, 2013
01/13
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CNBC
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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120
Nov 2, 2013
11/13
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when we get that number people say holy cow this economy is so weak. they'll get really scared and you know what they do, sell, sell, sell. it will be boring and there will be more sellers. no, my solution is if you're at all nervous about friday, under both scenarios, you're going to get -- >> sell sell sell. >> unless the number comes not too strong, not too weak the number could take a hit. i need you to plan accordingly. after the close we'll hear from three cramer favs. you've heard all of these companies on our show. all three raise production numbers but oil plummeted here. if crue goes $5 lower -- i wouldn't be a buyer of any of them going in. tuesday we got names like tesla. i think tesla is a cold stock. and if he announces a deal in europe or china, this one sees a flash. i don't expect any weakness. there's a lot of chatter about competitive products about what they have in the pipe. i even suggested it. i think you stay on the sides. not need to get aggressive yet. we also hear from aol. aol when things settle down, people start buying. wh
when we get that number people say holy cow this economy is so weak. they'll get really scared and you know what they do, sell, sell, sell. it will be boring and there will be more sellers. no, my solution is if you're at all nervous about friday, under both scenarios, you're going to get -- >> sell sell sell. >> unless the number comes not too strong, not too weak the number could take a hit. i need you to plan accordingly. after the close we'll hear from three cramer favs. you've...
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128
Feb 21, 2013
02/13
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if the economy is going to slow down because of the fed, don't filt that as a gardener, even if i am a savage fighting machine gardener, i like the concept of rain. i like to believe you can have a garden variety squall. i just think they we were due, over due. maybe for a bit of rain or a thunderstorm. for those of you who don't pay for espn. i saw green bay lose a bunch of games, i have written off the yankees, why can't the market have a losing session. and right after joe dimaggio broke his stree, he had another mini streak, he got 16 straight games with hits. he was due. over due. bottom line. i believe today was not an important water shed session. there are things going wrong, okay. i think this market, let's give it a rest. i think it comes back, jim. john in florida. >> two months later, the sba didn't approve the hepetittis vaccine. they are coming to a vote again for this vaccine. >> the first time in five years, just kidding, they mentioned i got amlin wrong, i think people watch the show, i did a huge episode how i got it wrong. i don't expect much from next week. i thin
if the economy is going to slow down because of the fed, don't filt that as a gardener, even if i am a savage fighting machine gardener, i like the concept of rain. i like to believe you can have a garden variety squall. i just think they we were due, over due. maybe for a bit of rain or a thunderstorm. for those of you who don't pay for espn. i saw green bay lose a bunch of games, i have written off the yankees, why can't the market have a losing session. and right after joe dimaggio broke his...
86
86
Jun 15, 2013
06/13
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have you looked around at the world's other economies? we're doing better than everyone else on the globe, in part because our chief executive officers have done an excellent job in a global slowdown, but also because of exactly what bernanke's doing. this bond program has probably allowed you and other americans refi their home and companies fix their balance sheets, which is why we're not in the shape of china or brazil or india. can you imagine we're doing better than all of those places? tuesday we have a slew of japanese industrial production reports. we've got machine tools. we've got merchandise trade deficits. now, for years, i couldn't care less about this stuff. i could care less. i mean, really, like japan. it stopped meaning anything for a decade. these days, market players are drawn to japan because the government has a policy of driving its own currently down to build exports. if the data is positive here, japan's stock market will rocket. and if it doesn't and the government has nothing to say about it, like 6% declines lik
have you looked around at the world's other economies? we're doing better than everyone else on the globe, in part because our chief executive officers have done an excellent job in a global slowdown, but also because of exactly what bernanke's doing. this bond program has probably allowed you and other americans refi their home and companies fix their balance sheets, which is why we're not in the shape of china or brazil or india. can you imagine we're doing better than all of those places?...
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128
May 1, 2013
05/13
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what he's seeing and how he plans to brighten the economy's bottom line, even as the economy spurts. stick around on "closing bell." combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reducing waiting time. now a waiting room is just a room. [ telephone ringing ] [ static warbles ] [ beeping ] red or blue? ♪ >>> welcome back. clorox reporting profits edged higher in the fiscal third quarter, but s
what he's seeing and how he plans to brighten the economy's bottom line, even as the economy spurts. stick around on "closing bell." combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity....
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98
Jun 15, 2013
06/13
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have you looked around at the world's other economies? we're doing better than everyone else on the globe, in part because our chief executive officers have done an excellent job in a global slowdown, but also because of exactly what bernanke's doing. this bond program has probably allowed you and other americans refi their home and companies fix their balance sheets, which is why we're not in the shape of china or brazil or india. can you imagine we're doing better than all of those places? tuesday we have a slew of japanese industrial production reports. we've got machine tools. we've got merchandise trade deficits. now, for years, i couldn't care less about this stuff. i could care less. i mean, really, like japan. it stopped meaning anything for a decade. these days, market players are drawn to japan because the government has a policy of driving its own currently down to build exports. if the data is positive here, japan's stock market will rocket. and if it doesn't and the government has nothing to say about it, like 6% declines lik
have you looked around at the world's other economies? we're doing better than everyone else on the globe, in part because our chief executive officers have done an excellent job in a global slowdown, but also because of exactly what bernanke's doing. this bond program has probably allowed you and other americans refi their home and companies fix their balance sheets, which is why we're not in the shape of china or brazil or india. can you imagine we're doing better than all of those places?...
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164
Mar 21, 2013
03/13
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it weakens those economies dramatically, weakens those countries. and it also weakens italy. >> you're saying potential contagion. finally, how does it get resolved? michelle is talking about a good bank/bad bank, nobody pays on deposits up to $100,000. the bailout is 10 billion euros from the european -- ecb. the bail-in is about $6 billion euros. so greece is looking for whatever they're looking for, $4 billion, $5 billion. or does europe bail that out even more? >> the biggest factor of all, dan and i were talking a couple minutes ago, the depositors above 100,000 will lose 40% to 50%. >> those are russians. they're going to be pissed off. >> the great systemic problem of giant bank failures is somewhat eliminated by what they're putting forward now. >> what do you think, dan? does this work? >> for our viewers i don't think it matters. the specifics are super interesting, we're going to go have a drink. what matters to people at home, what matters to the larger story is we decided that people's property in banks was not their own. >> in europe o
it weakens those economies dramatically, weakens those countries. and it also weakens italy. >> you're saying potential contagion. finally, how does it get resolved? michelle is talking about a good bank/bad bank, nobody pays on deposits up to $100,000. the bailout is 10 billion euros from the european -- ecb. the bail-in is about $6 billion euros. so greece is looking for whatever they're looking for, $4 billion, $5 billion. or does europe bail that out even more? >> the biggest...
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91
Sep 11, 2013
09/13
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it couldn't happen, we know, unless the european economy wasn't getting better. all this is fabulous news for the big international companies domiciled here in america. the ones whose earnings we thought would be crimped by our rise in interest rates. it's not necessarily a tradeoff. it's more of a handoff as a different set of stocks is now going higher. the companies based here but do so much business overseas, i'm talking about ppg, honeywell, ingersoll-rand, eaton, united technologies, you know the companies. they have taken the torch from the retailers, and all the companies that service and supply those two industries. that said, not all companies that sell overseas benefited. witness, apple, which fell $11.53 today despite new iphones. people, this is a pattern we should be getting used to, right, the stock tends to go down after the product launches. you know where you see the biggest impact, though, from the turn in the rest of the world. it's in the dow jones industrial average, because it's made up precisely of these kinds of colossal multinational ind
it couldn't happen, we know, unless the european economy wasn't getting better. all this is fabulous news for the big international companies domiciled here in america. the ones whose earnings we thought would be crimped by our rise in interest rates. it's not necessarily a tradeoff. it's more of a handoff as a different set of stocks is now going higher. the companies based here but do so much business overseas, i'm talking about ppg, honeywell, ingersoll-rand, eaton, united technologies, you...